Peer-to-Peer Platform NOLD Raises EUR 1M to Power the Next Generation of Fashion Resale
The tech company is empowering sustainable, premium, and entry-luxury brands in its mission to reduce the fashion industry's impact.
DEPO invested in Certifier
The Poland-based startup, Certifier, has just secured over $700,000 in funding from Movens Capital, FundingBox Deep Tech Fund, DEPO Ventures, and Black Pearls VC in a seed round. As part of the investment agreement, these funds have the option to double their capital commitment in the coming months. Certifier is developing a digital credential infrastructure in a SaaS model. Currently, 800 businesses and individuals rely on Certifier to store their digital certificates and badges. Their customers include Avon Canada, University of Illinois, and Oxford School District. The global market size for digital credentials software, encompassing diplomas, certificates, and badges, is estimated at $1.6 billion and is projected to surpass $6 billion by 2033. In five years, Certifier aims to be the market leader in digital credential management software.
Why investing in startups could be the key to success during an economic downturn
During market downturns, the best investment opportunities arise. This applies to both stocks and investing in technological startups. In times of crisis and high inflation, leaving money lying in accounts is not advisable. Those who start investing now will have greater profits in the future.
What do the results of the survey say about Business Angels in the Czech Republic?
Although angel investing is not yet widespread in the Czech Republic, Czechs are still among the most skilled investors in startups. Their strategies have generally been successful so far. Almost nine out of ten investors were able to make a profit on their investment, with nearly 12% making more than ten times their investment. Two-fifths of investors consider investing in startups more profitable than other forms of investment. These are the findings of a survey conducted by investment group DEPO Ventures, which is building a unique syndicate of angel investors in addition to angel funds. The survey was also conducted in partnership with the law firm Havel & Partners and the agency CzechInvest. The aim of this fourth annual survey was to map the environment of angel investing in the Czech Republic.
Take Your Startup Investing to the Next Level with the Angel Masterclass
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Machining of the future - Factoree of the Málek brothers receives seed investment of 900k euro
The brothers Jakub and Milan Málek have been digitizing the engineering production market for 6 years. Their company Factoree is a turnkey supplier of engineering products, especially for companies in the field of agricultural machinery, construction equipment, or public transport, and this year they will deliver over 1 million parts, despite not owning a single machine tool. In fact, Factoree's founders are leveraging the existing capacity of smaller Czech engineering companies and, thanks to their online platform, are meeting their demand with orders from all over the world. They have now raised 900 thousand euros from Presto Ventures, DEPO Ventures, and the SFG financial group to digitalize their communication with suppliers further and expand abroad.
Types of pitches - and how to make them work
If you’re reading this article, the chance is you aim to create a solid pitch deck, but you are not exactly sure how to tackle it. Different types of pitches differ primarily in their length, therefore also structurally and content-wise. There are three main categories of pitch based on these criteria - elevator pitch, investment teaser, and a full investor pitch.
Why is it important to have a great pitch deck?
There are several things to mention while considering why making an impactful pitch deck is absolutely crucial. Everyone knows that a good presentation of any kind is just as important as your main points within the argumentation. In this case, you are probably not only selling your concept, but more importantly, you are selling the potential of yourself as well as your team. In the end, there is no right or wrong within the structure, however, because the final decision based on your pitch is reduced to either investment or no investment, a pitch can be effective or not. This either/or situation can be of course quite intimidating because even if the pitch is good, but not great, there is a significant possibility that investors simply will not be interested in an idea that does not seem rock solid. This is then perhaps the most important argument for the necessity of a superb pitch deck.
DEPO insider: Jan Pecník and his ride toward a bike business
The Netherlands and bicycles simply belong together. There are about one and a half times more bicycles than people in the land of tulips, and the infrastructure is extensive. Cities are welcoming to cyclists; therefore, everyone sees bicycles as a natural means of transport. But many people who come to the country for the first time (and not only them) find it difficult to find a suitable machine. Moreover, bikes are stolen quite a lot. Jan Pecník, who came to the Netherlands a few years ago as a student, also encountered exactly these problems. He wanted to put things in order. First, he started building a database of bikes and their owners. The aim was to easily identify the owner of a stolen bike. Or a badly parked bicycle that the technical services had taken to a ‘salvage’ parking lot. Later, he built an online marketplace around the database, where you can sell a bike at the click of a button.
Startup Yummy which solves all cooking worries is heading over to the Czech market.
Grocery shopping can be time-consuming, expensive, and creates a lot of waste. The Estonian startup is aware of these problems. Yummy is a service that prepares and delivers packages of fresh cooking ingredients, precisely measured for the number of servings ordered, based on the customer's selection. Additionally, it comes with a detailed recipe for the preparation of the desired dish. With the service, which has been dubbed cook & eat, Yummy wants to enter new markets. This year, Poland is already on the cards, with the Czech Republic and the whole of Central and Eastern Europe also in the crosshairs. Yummy raised a total of €3.4 million in the pre-seed phase. The angel fund DEPO Ventures also participated in the investment round and will help Yummy with fundraising and expansion.